Affordable Housing In Williamson County
9 Low Income Apartment Communities In Williamson County
Housing Authorities that serve Williamson County
|Tennessee Housing Development Agency Central Office||Section 8 Housing Choice Voucher (HCV); Mainstream Voucher|
|Tennessee Housing Development Agency South Central Tennessee Office||Section 8 Housing Choice Voucher (HCV)|
Other Housing Authorities located in Williamson County
|Franklin Housing Authority||Public Housing|
Guide To Affordable Housing in Williamson County, Tennessee
There are 9 low income housing apartment communities offering 696 affordable apartments for rent in Williamson County, Tennessee.
Income Based Apartments in Williamson County, Tennessee
Williamson County features 383 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Williamson County, Tennessee
There are 313 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Williamson County.
Housing Choice Vouchers in Williamson County, Tennessee
On average, Section 8 Housing Choice vouchers pay Williamson County landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Williamson County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Williamson County, Tennessee for a two-bedroom apartment is between $1,022 and $1,250.
2020 Williamson County, Tennessee Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Fair Market Rent||$898||$957||$1,136||$1,484||$1,822|
|Payment Standard Range||$808 to $988||$861 to $1,053||$1,022 to $1,250||$1,336 to $1,632||$1,640 to $2,004|
Sourced from federal housing data and AffordableHousingOnline.com research.
Williamson County, TN Affordable Housing Snapshot
|Total Affordable Apartment Properties||9|
|Total Low Income Apartments||696|
|Total Housing Units with Rental Assistance||383|
|Percentage of Housing Units Occupied By Renters||18.97%|
|Average Renter Household Size||2.40|
|Average Household Size||2.86|
|Median Household Income||$96,565 ±$2,394|
|Median Rent||$1,181 ±$41|
|Percentage Of Renters Overburdened||41.06% ± 4.23pp|
Population and Household Demographics
Williamson County is a County in Tennessee with a population of 199,456. There are 69,478 households in the county with an average household size of 2.86 persons. 18.97% of households in Williamson County are renters.
Income and Rent Overburden in Williamson County
The median gross income for households in Williamson County is $96,565 a year, or $8,047 a month. The median rent for the county is $1,181 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Williamson County, a household making less than $3,937 a month would be considered overburdened when renting an apartment at or above the median rent. 41.06% of households who rent are overburdened in Williamson County.1
Area Median Income In Williamson County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Williamson County, HUD calculates the Area Median Income for a family of four as $80,000
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Williamson County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for Williamson County HUD Rental Assistance in Williamson County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$16,800||$19,200||$21,600||$25,750||$30,170||$34,590||$39,010||$43,430|
|50% of Median||$28,000||$32,000||$36,000||$40,000||$43,200||$46,400||$49,600||$52,800|
|80% of Median||$44,800||$51,200||$57,600||$64,000||$69,150||$74,250||$79,400||$84,500|
Cities In Williamson County
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